Registered Number 08691026 ## SHERWOOD EDUCATION & CULTURE CENTRE (A company limited by guarantee) Report and Accounts (Independently examined) 30[th] September 2020 ## Report and accounts ## Contents Company Information ............................................................................................................................. 1 Director’s Report ..................................................................................................................................... 2 Accountant’s Report ............................................................................................................................... 3 Statement of Financial Activities ............................................................................................................ 4 Incoming Resources ................................................................................................................................ 6 Resources Expanded ............................................................................................................................... 7 Balance sheet .......................................................................................................................................... 8 Detailed notes to the accounts ............................................................................................................... 9 Registered Number 08691026 SHERWOOD EDUCATION & CULTURE CENTRE ## Company Information ## **Directors** Muhammed Saeed Mughal Mohammed Akram Mohammed Asif Mohammed Aftab Khalid Mahmood ## **Secretary** Mohammed Asif ## **Accountant** Irshad Ahmad 80 Killisick Road Arnold Nottingham NG5 8RD ## **Registered Office** 20 Knighton Road Woodthorpe Nottingham NG5 4FL **Registered Number** 08691026 1 Registered Number 08691026 SHERWOOD EDUCATION & CULTURE CENTRE ## Director’s Report The Directors present their report and accounts for the year ended 30[th] September 2020 ## **Principal Activities** The company is limited by guarantee and does not have a share capital. The objective of the company is to provide all aspects of support and services which meet the social, cultural and educational needs of the wider community, to ensure that members of Nottingham City community have increased opportunities to make positive choices, which improve the quality of their lives. ## **Directors** The following served as Directors during the year Muhammed Saeed Mughal Mohammed Akram Mohammed Asif Mohammed Aftab Khalid Mahmood ## **Results** The company had excess of income over expenses of £62,488 This report was approved on behalf of the board on 27[th] February 2021 M.S.Mughal Director 2 Registered Number 08691026 ## SHERWOOD EDUCATION & CULTURE CENTRE ## Accountant’s Report Accountant’s report on the unaudited financial statements to the board of directors of Sherwood Education & Culture Centre ## **Accounts year ended 30[th] September 2020** You consider that the company is exempt from an audit for the year ended 30[th] September 2020. You have acknowledged, on the balance sheet your responsibilities for ensuring that the company keeps accounting records which comply with Section 286 of the Companies Act 2006 and for preparing accounts which give a true and fair view of the state of affairs of the company and its profit or loss for the financial year. In accordance with your instructions I have prepared and independently examined the accounts which comprise of: the profit and loss account, the balance sheet and related notes from the accounting records of the company and on the basis of information and explanations you have given to me. I have not carried an audit or any review and consequently I do not express any opinion on these accounts. Irshad Ahmad FMAAT Financial Accountant 80 Killisick Road Arnold Nottingham NG5 8RD Signature Date: 27[th] February 2021 3 Registered Number 08691026 ## SHERWOOD EDUCATION & CULTURE CENTRE ## Statement of Financial Activities For year ended 30[th] September 2020 |||2020|2019| |---|---|---|---| |||£|£| |Turnover||113206|128511| |Other Income||-|-| |Staff costs||(14450)|(18430)| |Depreciation|and other amounts written off|(2672)|(2454)| ||assets||| |Other Charges||(33596)|(48661)| |Taxation||(-)|(-)| |Profit||62488|58966| 4 Registered Number 08691026 ## SHERWOOD EDUCATION & CULTURE CENTRE ## Statement of Financial Activities For year ended 30[th] September 2020 |||Unrestricted
Funds|Restricted
Funds|Total Funds|Total Funds Year
Ended
30/09/2019| |---|---|---|---|---|---| ||Page|£|£|£|£| |Incoming Resources|5|113206|-|113206|128511| |Resources Expended|||-||| |General
Net Incoming/(Outgoing)|6|50718
62488|-
-|50718
62488|69545
58966| |Resources|||||| |Accumulated Funds as at|||||| |30thSeptember 2019||509211|-|509211|450245| |Net Incoming/(Outgoing)||62488|-|62488|58966| |Resources|||||| |As at 30thSeptember 2020||571699|-|571699|509211| 5 Registered Number 08691026 ## SHERWOOD EDUCATION & CULTURE CENTRE ## Incoming Resources For year ended 30[th] September 2020 **----- Start of picture text -----**
Unrestricted Restricted Total funds year
funds funds Total funds ended 30/09/2019
£ £ £ £
Grants received - - - 3670
Incoming resources from
Generated Funds - - - -
Voluntary income
Donations received 67078 - 67078 108939
Quran and Urdu classes
Donations received 16383 - 16383 11337
Religious and social
events - - -
Hire of hall 200 - 200 4565
Social Dinner - - - -
HMRC Gift Aid Scheme 29545 - 29545
113206 - 83661 128511
**----- End of picture text -----**
6 Registered Number 08691026 ## SHERWOOD EDUCATION & CULTURE CENTRE ## Resources Expanded For year ended 30[th] September 2020 **----- Start of picture text -----**
Total funds year
Unrestricted Restricted ended
funds funds Total funds 30/09/2019
£ £ £ £
Council tax - - - -
Non-domestic Rates - - - 500
Water Rates 900 - 900 699
Gas and Electricity 8,782 - 8,782 7,074
Repairs and Maintenance 1,569 - 1,569 5,341
Insurances 1,929 - 1,929 1,805
Telephone and Internet 789 - 789 757
Security expenses - - - -
Printing and Stationary 15 - 15 -
Bank charges - - - -
Wages (Imam Sahib) 14,450 - 14,450 18,430
Wages (Site manager) - - - -
Accountancy Fee - - - -
Purchase of religious material - - - -
Fundraising - - - -
Religious and social events 1,000 - 1,000 1,485
Coporation Tax - - - -
Depreciation 2,672 - 2,672 2,454
Payment Re Quran and Urdu
16,196 - 16,196 27,594
classes
Cleaning and sundries 2,416 - 2,416 3,406
50,718 - 50,718 69,545
**----- End of picture text -----**
7 Registered Number 08691026 ## SHERWOOD EDUCATION & CULTURE CENTRE ## Balance sheet As at 30[th] September 2020 |Notes
Fixed Assets
1
Tangible assets
Current assets
Debtors
2
Cash at bank and in hand
Creditors: amounts falling due within one year
3
Net current assets (liabilities)
Total assets less current liabilities
Total net assests (liabilities)
**Funds**
Unrestricted funds
Restricted funds|2020
2019
£
£
551,219
508,479

628
766

60,196
56,914

60,824
57,680

40,344
-
56,948
-
20,480
732| |---|---| ||571,699
509,211| ||571,699
509,211
571,699
509,211
-

-| |Member's funds|571,699
509,211| - For the year ending 30[th] September 2020 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies - The members have not required the company to obtain an audit in accordance with Section 476 of the Companies Act 2006 - The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts - These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies regime Approved by the Board on 27 February 2021 Signed on their behalf by Mr M.S.Mughal (Director) 8 Registered Number 08691026 ## SHERWOOD EDUCATION & CULTURE CENTRE ## Detailed notes to the accounts For the year ended 30[th] September 2020 ## 1. Fixed assets Tangible assets |||Freehold land|Fixtures, fittings| |---|---|---|---| ||Total|and building|and equipment| ||£|£|£| |Cost|||| |As at 30/09/2019|513820|494569|19251| |Additions
As at 30/09/2020|45412
559232|41500
536069|3912
23163| |Depreciation|||| |As at 30/09/2019|5341|-|5341| |Charged in theyear|2672|-|2672| |As at 30/09/2020|8013|-|8013| |WDV|||| |As at 30/09/2020|551219|536069|15150| |As at 30/09/2019|508479|494569|13910| ## 2. Debtors and Prepayments ||At 30/09/2020|At 30/09/2019| |---|---|---| ||£|£| |Grants received|0|0| |Prepayments|628|766| ||628|766| ## 3. Creditors: Amounts falling due within one year ||At 30/09/2020|At 30/09/2019| |---|---|---| ||£|£| |Site manager|-|-| |Private interest free||| |loans QARZ-E-HASNA|40000|56500| |Telephone|46|41| |Sundry expenses|-|121| |Non-domestic rates|-|-| |Water rates|33|31| |Gas and Electricity|265|255| |Accountancyfee|-|-| |Total|40344|56948| 9 Registered Number 08691026 ## SHERWOOD EDUCATION & CULTURE CENTRE 4. Creditors Amounts falling due after more than one year At 30/09/2020 At 30/09/2019 - - 10 Registered Number 08691026 ## SHERWOOD EDUCATION & CULTURE CENTRE 5. Analysis of Net Assets between funds ||Unrestriced Funds|Total Funds at
30/09/2020|Total Funds at
30/09/2019| |---|---|---|---| ||£|£|£| |Fixed assets|551219|551219|508479| |Net current assests (liabilities)|20480|20480|732| |Creditor: Amounts falling due|-|-|-| |after more than oneyear|||| ||571699|571699|509211| 6. Restricted funds |Balance at|Movement in resources|Movement in resources|Balance at|Balance at| |---|---|---|---|---| |30/09/2019|Incoming|Outgoing|30/09/2020|30/09/2019| |£|£|£|£|£| |-|-|-|-|-| |-|-|-|-|-| 11